Aftab Maken ISLAMABAD: As Pakistan’s tug-of-war over its new auto policy drags on, the real question isn’t how much more protection assemblers should get — it’s how much longer an industry that has lived on subsidies for decades can keep asking consumers and the national exchequer to foot the bill. …
Read More »Fiscal turnaround is real — But economists warn the hard part hasn’t started
Aftab Maken ISLAMABAD: Pakistan closed fiscal year 2026 with its strongest set of headline fiscal numbers in over two decades: a fiscal deficit near a 22-year low, a primary surplus at a multi-decade high, and a credit rating upgrade from S&P Global. Government officials have cast the results as proof …
Read More »Aurangzeb reviews IMF reforms, expands US trade ties
BeNewz Report WASHINGTON: Finance Minister Muhammad Aurangzeb met senior IMF officials and the head of the U.S. EXIM Bank in Washington, discussing Pakistan’s reform programme, economic performance, financing for strategic projects and expanded bilateral trade. Finance Minister Muhammad Aurangzeb on Wednesday held separate meetings with senior International Monetary Fund (IMF) …
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